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tv   FBN AM  FOX Business  February 23, 2017 5:00am-6:01am EST

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ran three breaking news this morning. donald trump says he inherited a mess from inherited a minister and president of them in plastic cup race in his first budget. also talking to manufacturing ceos about creating jobs. good morning. i am nicole lauren simonetti. lea: i am transfixed. made straight day of record gains. we are seeing green on the board this morning. dow futures have a 23, nasdaq higher pay for. lauren: stocks initially basically flat.
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the nikkei in japan than in japan down slightly. shanghai composite that part of 1%. lea: police arrest protesters after an evacuation deadline passes. lauren: tassel shares -- sales jumped by 90% of ceo elon musk scent a pretty aggressive production target for tesla's new model recipient. lauren: why is amazon.com applying for a liquor license? take a look. lauren: march madness in february with two big buzzer beater and in syracuse takes down duke invades california. we will show you the highlights. lea: thursday, february 23rd. welcome to "fbn:am," your first look at morning markets and breaking news. lauren: president trump said to meet with manufacturing tel is the white house says the president plans to discuss specific action to remove barriers to job creation a day after the president focused on cutting federal's name. blake burman at the white house
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with details. >> federal budget coming wednesday with president trump calling it a mess. the president met throughout the day with top aides and advisers for budget discussions. the president was promised more defense spending, tax cuts and infrastructure spending that to make it smaller and equated that to a moral issue. the white house as tackling up on the care will have to come before a tax reform rollout. >> health care is moving along nicely. as you know, before we do that tax, which is actually very well finalized. we can't admit it statutorily or otherwise. moving along very well. sometime during the month of march, maybe mid to early march will be submitting something that people will be very impressed by. >> obama carried the budget and tax reform. it will be a very busy march and april for a paper than
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continuing to work with congress to make sure that's implemented. reporter: the president and vice president will meet with the group of ceos involved with manufacturing. back to you in new york. lauren: another busy day. treasury secretary steve mnuchin says they plan to secure tax code overhaul by august and aims for a sustained 3% or higher annual economic growth rate. for the ambitious goal. we can hear more when braveheart to rob a interview secretary mnuchin 8:00 a.m. eastern on the fox business network. lea: secretary of state holding a meeting including a country's president henrique opinion yet though. the trump administration says he plans to send people across the board illegally acted the country. >> secretary tillerson and
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secretary kelley will walk through the implementation of the executive order, but i felt confident any country who has a system that comes in with an act we will make sure they comply with the spirit lea: relations between the countries have been rocky lately. a war of words over who will pay for reporter wall. lauren: break-in is this morning. iraqi security forces taking control of the friendly unmuzzled international airport as they seize the western half from isis according to several media reports commit to iraqi police officers said the buildings on the southern outskirts were under fire from iraqi police. government forces recaptured eastern mosul last month that they seize the city in 2014. train to the white house pushing back the release of a revised executive order until next week. of
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order planes to target the same seven countries. they are iraq, iran, syria, libya, somalia and yemen. new orders to drop language regarding an indefinite suspension of syrian refugees said they will no longer be singled out. also expected to contain language exempting legal permanent residents. lauren: vice president make them to deliver remarks to the conservative political action conference today. the largest annual gathering of conservatives across the country. today's speakers include kellyanne conway, white house counselor, steve gannon, white house strategists and the chief of staff. fox business will have live coverage of cpac at 10:00 a.m. eastern tomorrow for the president's speech. lea: after months of protests in frigid temperatures, thousands of people shed down who are
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writing the code access pipeline. >> i am terribly sad to know it's not just a pipeline thing. >> that thing is how this all began. dave coley arrived to protest the north dakota access pipeline. today he was cleaning up and cleaning up in preparing undercover in order to leave. >> we are not particularly interested in getting arrested if we can help it. >> police shut down campsites once occupied by tens of thousands of environmentalists and americans. north dakota spent 33 billion the mostly in line first in overtime to protect the pipeline if president obama stopped in her pressure of the protesters. >> president trump reversed the decision. >> right now that they've followed. i'm not sad. i'm not upset.
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i'm just watching what's going on and trying my best to figure out how to move forward. >> police moved in an emergency order as a potential health hazard. kerosene tanks, cars and human waste could soon be underwater from spring flooding. to get protesters out come the police offered a hotel voucher and a bus ticket to any city in the u.s. others were offered a ceremonial arrests of protesters could enjoy a unique photo op for their social media pages. but none took the offer. >> is a pretty darn good deal. we are doing the right thing. we are bending over backward a little bit. at the end of the day, we can say we are taking the moral high ground here. >> while it isn't the end, most do not regret the fight. >> i like people who might see this not to be apathetic, to feel that it means to get these
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are real people. >> the pipeline could begin pumping oil in less than two. lauren and layout, back to you. lauren: after a mixed close here in the u.s., asian markets lower to take a look at nikkei in japan done fractionally. a third of a percent in china and the hang seng in hong kong when green arrow. lea: a look at european stocks. seeing green on the board this morning. european markets breakfast in london higher by two points. cac higher by levin. dax to spell over by one point. lauren: nine record closes in a row. the dow up again this morning. 10 records in a row. haven't seen that in 30 years. s&p futures at the point. >> take a look at key commodities. $54.32 a barrel. gold higher by $4.90.
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lauren: nissan ceo stepping down after you save the country. he will continue to lead the global alliance that he created which also include mitsubishi motors. nissan says its new ceo started in april will be a row so sick cow who is co-ceo last year, widely celebrated in the auto industry for overseeing the comeback of a son, nissan shares down just over 1% year-to-date. lea: shares of tesla raising 1.5% in extended trading. a carmaker on track to produce its model three sudan in july with plans to ramp up to 5000 vehicles a week in the fourth quarter. tesla ceo elon musk under intense scrutiny by investors even the model three debut on time after years of delays. many people expect the volume
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production of the $35,000 car would not start until next year. tesla's fourth-quarter revenue coming in about expect patients. train to learning more about amazon secretive plans for a drive through grocery store in seattle. they've applied for a liquor license. one of the first official documents that links this nearly finished project in seattle to amazon. it seems like customers or do what they want online during the specific window. plans for the square-foot element calling a new model for grocery shopping. if you look at the numbers, half of online food orders also belong to amazon prime. share surging 14% this year. trade to look at the headlines in today's "wall street journal." oil is thicker the democratic party when county office at a time. the agent donald trump, followers of bernie sanders want to transform from the bottom up
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by taking control of both of the and county committee post. apple set to open its california campus in april. the cost is to be in the range of 3 billion to $5 billion. california raisins are singing the blues. breaking up tens of thousands of grapevines of americans appetite for the dried fruit has declined. lauren: nearly all the corn in mexico and forces from the united states. that could be about to change. >> if they feel a clear block in sf are being imported, that is one way they could retaliate is to quit buying our products. lea: jeff flock takes a look at a potential code were in the market. after his across the board will s&p and nasdaq climbed one point h. in the market. dow futures up 18 points. oil and mass rally of about 1.5%. you are watching "fbn:am," your
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first look at morning markets and breaking news. ♪ hi my name is tom. i'm raph. my name is anne. i'm one of the real live attorneys
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♪i believe, i believe ♪yeah lea: added 5:15 a.m. in new york city. let's get caught up on what's happening now. president lea: delivers first budget next month. he inherited msn back to clean it up by slashing wasteful spending. so you may proceed as in manufacturing companies to create more jobs. secretary of state rex tillerson under president trump's immigration policy. his country will not accept any provision of the executive order giving to the frayed relations with the united states. tesla is ready to ramp up production of its model three sudan. elon musk plans to build 5000
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cars a week by the end of the year. the rejection comes as they return to red ink in the fourth quarter of the revenue jumped 80% to $2 billion of analyst expectations. let's take a look at u.s. stock market futures ahead of the opening bell. s&p and nasdaq higher by one point. that's what's happening now. >> mcdonald's plans to slash during prices on its menu. it will begin offering soft drinks for 1 dollar starting in april plus for a limited time at café beverages like frogs come the smoothies come espresso drinks for $2. reports say the move may have sent me to do with mcdonald's drop in sales last year and the buzz about expect this menu fading a bit. lea: coles is one of the stocks to watch this morning as retailers support latest quarterly numbers. the department operators to puzzle the results from a year ago this morning. bravo to drop in same-store sales during the key holiday season. analysts looking for gap
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earnings to topics that asians after 1% increase in fourth-quarter sales. it has been in the news for dropping a vodka trumps collection. weak sales to two shoppers buying online. lauren: mexico says the u.s. wants a trade work on nsa munitions, too. more than $2.5 billion for the card for the u.s. by instead from south america. jeff flock at maple hearst farms to tell us how this could affect the farmers in corn country. you are watching corn being loaded here. you are watching one of the industries that his response to bowl for greatness when it comes to the trade deficit.
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there is actually a trade surplus when it comes to agriculture in the u.s. last year famously a $500 billion trade deficit. over the past five years, $135 billion of trade surplus thanks to the guys in agriculture. the corn farmers in the skies above the rest. we've got jim mccormick of allendale research. you say it's possible that mexico could cut imports of u.s. corn in retaliation for things they don't like. >> me much, just. one of the things mexico buys from mrs. corn and meat products. we import a lot of their status. they feel it will block their stuff and that's one of the ways they retaliate is to quit buying their product. >> look at those numbers, it's huge. u.s. exports to mexico is almost a third of the crowd. >> mexico is our biggest liar by far of corn.
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if they choose to back away and import one from brazil or argentina committee american farmer would take a hit because we have 2.3 billion projected left over at the end of this year. >> obviously we watch the modem. these silos are full of corn. prices are somewhat depressed below the cost of production. that means that prices go down even lower, farmers are really starting to get concerned. >> a trade war is not good for anything. that was something we need to keep an eye on. >> that's a mexico is threatening. the center for mexico says it's time to think about where we shift our money. the u.s. would have a good day to you how important mexico is. a lot of corn in the u.s. they rely on international markets and fingers crossed they don't go away. that's the latest.
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farmland. back to you guys. lauren: jeff flock, thank you. lea: march madness in february with two big buzzer beater and searches takes down duke in beats california. we will have the highways. a major announcement from nasa. seven new earth sized limits that could support ill in life. checking the stock market futures ahead of the up and about commit dow futures by 10, s&p up fractionally. you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪
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lea: welcome back to the latest from the world of sports. mike kucharski brings the blue devils to syracuse to face the orangemen have what it came out bias. second half under a minute left. drive serena gets bumped but it's the huge jumper. the game at 75.
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combs the other way and banks have been the winner. syracuse wins 78-75. the fifth out to celebrate. i'll bias, california down by 14 in the first half. the second half trains the quarter three. 16 seconds left. strong basket and scores download to tie the game. 65-65. a chance to win in regulation. launches a three and nasa for the win. look at that again. burks has pumped. another big 12 title is taking on the second half. josh jackson hampers at home. kansas reince priebus and goes on to win it 87-68. the 13th straight title for
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kansas. barry goes. lauren: right now you're looking at live pictures of tesla space act, the dragon space capsule. they boarded this mission to send to the international space station yesterday because of problems with navigation. in his path with 5000 pounds of cargo. they will send that to six astronauts at the space station. two of them american. it is the 10th mission has flown from outside. >> once they receive the load, they will look that up with garbage and send it back down on march 23rd. hopefully it all comes together and work cycads to post to. lauren: we wish them luck. we'll be right back.
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lauren: donald trump inherited a batch of mass from president obama but loud to cut governmengovernmen t waste in its first budget. the president talking to manufacturing the ears today about creating jobs. good morning. i am lauren simonetti. lea: the dow posted its ninth straight day of record gains. can it continue? dax higher by 14, nasdaq higher by one. lauren: stocks in asia relatively flat. the nikkei down ever so slightly pitching had hasn't done a third of 1%. lea: police arrest protesters after an evacuation deadline passes. lauren: tesla sales jumped 90% of ceo elon musk is an aggressive production target for the new model three. lea: buys amazon.com a, plan for the good license? we will take a look.
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lauren: for college hoops, march madness with two big buzzer beater and insist syracuse takes down duke at number six oregon. >> by 31:00 a.m. in new york. welcome to "fbn:am," your first look at today's markets in the latest breaking news. lauren: president trump said to meet with manufacturing ceos. the president plans to discuss specific actions to remove carriers to job creation a day after the president focused on how to cut federal spending. like berman at the white house with laura. >> the white house wednesday with president trump calling it a mass. the president met throughout the day with top aides and advisers for budget discussions. the infrastructure spending to make the government smaller and equated back to a moral issue. the white house as tackling
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nobody care will have to come before a tax reform rollout. >> health care is along nicely. is being put in the final forms as you know, before we get a tax, which is actually very well finalized. we can't submit it until statutorily or otherwise. we are doing the health care moving along very well sometime during the month of march, may be made to early march we will be submitting something people will be very impressed by. >> obama obamacare the budget and tax reform. it's going to be a busy march and april for us. will continue to work with congress to make sure that's implemented. lea: the president and vice president will meet with the group of ceos involved with manufacturing. back to you in new york. lauren: some of the ceos include john and john than emerson electric. steve then mnuchin says the tribe administration plans to
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overhaul the tax code by august and is aiming for a 3% or higher annual economic growth rate. more about these ambitious goals for maria bartiromo sits down in interviews secretary mnuchin 8:00 a.m. eastern right here on the fox business network. >> secretary of state brags tillerson will hold a meeting including the president, and henrique pena nieto. the trump administration said the u.s. plan to send people across the border illegally back to the country. >> they're going to have a great discussion and to walk through the implementation of the executive order. any country has a citizen and make sure they comply with this. >> relations have been rocky recently. in the midst of a war of words over who will pay for a border
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wall. >> reportedly taking control of the runway at the airport as they move ahead with plans to retake the western half of the city from isis control. two iraqi police officers say the airport buildings on the southern outskirts of mosul were under fire from iraqi police. government forces recapture the last month after the militants seized the city in 2014. lea: the white house is pushing back the release of a revised executive order in the travel ban until that week. but the executive order plans to target the same seven countries as the original order. iraq, iran, syria, libya, somalia and yemen. also to drop language regarding and definite suspension of syrian refugees. they will no longer be singled out. also to contain language specifically exempting legal permanent residents. lauren: a big night tonight for cpac. mike then sent to the remarks at
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the conference in maryland. the largest gathering of conservatives from across the country. today's speakers include white house counselor kellyanne conway. white house strategists steve bannon and white house have reince priebus. planning to deliver remarks tomorrow morning. fox business will have live coverage of that starting at 10:00 a.m. eastern. lea: after months of protests and frigid temperatures come up the shutdown campsites occupied by tens of thousands of people fighting the dakota access pipeline. >> i'm terribly sad. terribly sad to know it's not just a pipeline thing. reporter: that thing is how this is how the salt pit again. dave cooley a right to protest the massacre to access pipeline. today he was cleaning up and
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preparing under government ordered to leave. >> will not particularly interested in getting arrested if we can help it. we met with a shutting down thousands of environmentalists in native americans fighting the pipeline. north dakota spent 33 million mostly a month for spent overtime to protect the pipeline president above the stocked in part because of pressure by the protesters. >> dakota access pipeline. reporter: president trump reversed the decision. >> right now i'm at this solemn. i am not sad. i'm not upset. i'm just watching what's going on. and trying my best to figure out how to move forward. reporter: police moved in under emergency order as a potential health hazard. kerosene tanks, cars and human waste is to be underwater from spring flooding. to get protesters out, please suffered a hotel voucher and a
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stick it to any in the u.s. others were offered a ceremonial arrest the protesters had enjoyed a unique photo op for their social media pages. none took the offer. >> it's a darn good deal and north dakota -- we are doing the right thing. we are bending over backward a little bit, but at the end of the day, we can say we are taking the moral high ground here. reporter: while it isn't the ending, most do not regret the fight. >> i would like people who might see this not to be apathetic, to feel that it means something. these are real people. training for the pipeline itself, they could begin pumping oil bust in two. back to you. lauren: a mix finished in the u.s. yesterday setting the trend of searching for direction today. we do see that initiative. most markets are lower. you're when green arrow and south korea with the kospi if
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not even a 10th of 1% did shanghai composite in china and the hang seng each of the third of 1%. >> a look at stocks in europe. this was due monday down five points. dax down by four. trade for the u.s. has been a superb run-up to election day. 13% for the dow. s&p and nasdaq futures tacky not just a point. >> checking key commodities. a look at oil up by 72 cents. gold higher by $5.20 at 1238 chewing on spirit carlos cohen stepping down as the sun ceo after he helped save the company from financial ruin 15 years ago. remain chairman of the nissan board and will continue to lead the global alliance he created which includes mitsubishi motors. nissan says its new chief executive in april was appointed
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co-ceo last year. go to celebrate it in the auto industry for overseeing the conduct of nissan. nissan shares down over 1% this year. lauren: shares of tesla rising 2% right now in premarket trading. the electric car company says it's on track to start producing its model three. that's the affordable sedan, $35,000 in july and they have plans to ramp up production to 5000 vehicles a week at the end of the year in the fourth quarter. tesla ceo elon musk has been under intense scrutiny, eager to see the model three debut in time after years of delays. many people who follow the company expect volume production of the bottle tree would not start until next year. it looks like they are on track here. fourth-quarter revenue above expectations of $2.82 billion. earnings per share loss of 69 cents in the quarter was lighter than expected. lea: we are learning more about
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amazon's plans for a drive-through or shoe store in seattle. amazon applied for a liquor license. one of the first official documents that links the nearly finished project to the company. customers order online and have groceries delivered to their cars during a specific time window. to claim the 10,000 square foot building called a new model a grocery shopping. half of online grocery shoppers want to amazon prime pictures of amazon searching 14% so far this year. amazon sent the first company to do this. wal-mart has done it before. amazon program is much more streamlined, automated compared to wal-mart where people put their order in an actual employees balk the island pick the products. tristram budgies said employees at amazon if they are selling boos, they need to check a deep cards. they might have humans working in the grocery store. checking licenses because we don't look 21.
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drink up for a buck. mcdonald's plans to slash prices on the menu. it will begin offering soft drinks for 1 dollar. that starts in april. for a limited time, the knit café drinks like scraps and espresso drinks for $2. mcdonald's move might have something to do with the drop in same-store sales in its latest quarter and the buzz about its breakfast menu happening all day 24/7. trade to close as one of the stocks we are watching. retailers reported latest quarterly numbers. private sale operators to post the year ago this morning. polls like its rivals reported a drop through the key holiday season. analysts look for gap earnings to topics that patients after the company reported a 1% increase in fourth-quarter sales. old navy brands. we will also hear from nordstrom after the bell which has been in minutes for dropping ivanka trump's blind. we the seasons is due to weak
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store traffic and were shoppers buying online. lauren: why is the number of people seek entrée and sneak into saurian? >> usually in the winter months it would be a quiet time. we have seen the increase has occurred over the winter months regardless. lauren: will have that story for you. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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lauren: good morning. one more alarm clock. it's thursday, 5:45. president trump or parent to deliver his first budget next month speaking to reporters. he inherited a mess and clean it up by slashing wasteful spending. today, trumper made the ceo of manufacturing companies to discuss how to create more jobs. meanwhile, secretary of state rick tillerson and mexico amid tensions over immigration policies. the foreign minister says he will not accept any provision to translate his executive order dealing a blow to the already frayed relations with the u.s.
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testaverde to ramp up production of its model three sedan. elon musk plants developed by passing cars a week by the end of the year. the production comes as they begin to ready the fourth quarter of the quarter of the revenue day jumped 80% to more than $2 billion that beat analyst expectations. stacks of rossi's liking is morning. it features back in 15-point they could at the 10th record close in a row for the blue-chip average. have it been added over 30 years to s&p up 1.5, nasdaq up two. a check of what's happening now. >> the latest and insist that that which are not so fit. the first quarterly loss since it went public in june 25th team. so did her bit weak sales of four new devices that the fitness tracker sales falling sharply in the fourth quarter to 6.5 million from a year ago. the recorder is not a surprise that are issued a profit warning last month and slashed its
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revenue guidance futures rising 1% in trading the stock remains near record low from earlier this year. lauren: let's take a look at the headlines in "the wall street journal." sanders loyalist taking of the democratic party one county at a time. in the fight to defend the democratic party and each of donald trump, followers of bernie sanders went to transform from the bottom-up by taking taking control of vulnerable state and county committee posts. lauren: apple to open their first california campus in april. one of cofounder steve jobs final projects. the cost of apple parks is expected to be in the range of three to $5 billion in the auditorium would be named after the late steve jobs. california reason singing the blues that farmers in california's central valley if you have tens of thousands of acres of grape vines as americans appetite for reasons is on the decline.
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lea: it seems more people try to flee the u.s. for canada these days. fox news correspondent $-dollar-sign in the u.s. canada border to tell us why. >> unprecedented numbers actually nordstrom is seeking safety in a new homeland. no, not in america. thousands leave the united states for canada. many crossing illegally, bringing snow in frigid cold you think this young man from yemen, they avoid border checkpoints in the risk of being sent to the u.s. due to a pack to third country agreement under which the vast majority of migraine are required to apply for refugee protection in the first country of arrival. they come from all over the world, a prospect i'm including families with children. >> myself in lots of members have to, too.
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reporter: canadian border officials say the number of people seeking asylum has soared in the last year despite recent and with québec seen the greatest influx. since november, 1400 people have made claims. more than the total in 2015. >> usually in the winter, it would be a quiet time. we've seen the increase has occurred over these winter months regardless. >> immigration is a stark contrast between prime minister justin trudeau's message of welcome and the actions of u.s. president donald trump is cracking down on immigration for motivating the rush. >> in fact, the information has been given about the new immigration policy. people fear being arrested and deported to their country of origin. >> soundtrack across world was an isolated spaces. but others simply take a path to
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the border, and turn themselves in. while this compassion for the migrants play, authorities are ever watchful. >> they will be placed on her in the interview to make sure there's no national security and access. trinity inundation is keeping the mounted police and partners very busy, forcing them to move additional manpower to the border. this brings warmer weather coming in the resources may soon be further stretched. in st. bernard, québec, fox news. lea: thank you, molly. great reporter. lauren: march madness in february. syracuse take down duke and beats california. we will have the highlights. in major announcement from nasa. seven new earth size clients that could support life. you are watching "fbn:am," your first look at morning markets and breaking news. were not alone.
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train to mike czajkowski brings the blue devils to syracuse to face the orange men. what a game it was. syracuse is down too. driving the landing gets bumped. ties the game to 75. the last chance for duke. off the mark intends the other
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way up, puts the long free and ranks second for the game-winner. look at that. there it is. syracuse wins. the crowd goes wild. 78-75. fans stormed the court in celebration. but scott west to california. down by 14 in the first half. the second half down one. 15 seconds on the clock. go strong to the basket. scores download to tie the game at 65. oregon at the chance to win in regulation. dylan brooks from the top lunches is three and nasa for the wind. let's check in again. but a clutch shot. totally pumped. look at him. we've got the jayhawks with a chance to clinch another big club taking a tcu. the second half was a or josh jackson hammers it home.
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kansas goes on to win 87-68. it is the third chance, read it right there, straight title for kansas tiny division i record that shows off the championship t-shirt to the crowd. lea: coming up, a major announcement from nasa could mean alien life? we will see. stay with us.
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>> do you believe in aliens? elsewhere in the universe extended about a new discovery. seven planets present at birth have have been spotted orbiting the single star from earth at the start is not just enough heat to possibly hold liquid and maybe night. astronomers need to study planets more before determining if they are lakers. so far the signs are promising. >> the discovery gives us a hint that finding a second or is not just a matter of if but when. lea: the first time astronomers have found so many circling the same time. lauren: pretty amazing. thank you so much for joining us on "fbn:am."
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>> over two morning cytherea. maria: thank you so much. good morning, everybody. i maria bartiromo. thursday, february 23rd. 6:00 a.m. on the east coast. jobs in america. resident trump to meet with any fracturing ceos focus on creating jobs here at home. vice president )-right-paren spoke out yesterday while taking a area in missouri. >> we will rebuild america and higher american and i american when we rebuild this country. >> we will rebuild america with american workers and american tools. maria: the site for most of ramps up. the latest i'm not. what it means for the war in his face. the end of an era at nissan stepping down after more than 15 years at the helm. he will remain at event planning
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